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Breaking: Speaker Obasa Clarifies Negative Perceptions As Sanwo-Olu Presents 2025 Budget

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– says lawmakers united to meet yearnings of Lagosians- accuses detractors of peddling news of alleged governorship ambition

Speaker of the Lagos State House of Assembly, Rt. Hon. Mudashiru Obasa, on Thursday said he had not given a serious thought about becoming the next governor of the state as was already being speculated.Dr. Obasa said his major concern has been to strengthen the party in the state adding that this is why he continues to minimise more people to support the party at all times, an act which has been misconstrued by ‘political detractors’ to mean that he was chasing a governorship ambition.The Speaker said this in his remarks shortly after Governor Babajide Sanwo-Olu presented the state’s 2025 budget size of N3,005,935,198,401.Earlier, a vote of confidence was passed on the Speaker by all the lawmakers present at plenary.Sanwo-Olu had said the budget comprised a total revenue of N2,597,034,000,000 and a deficit financing of N408,902,000,000.The ‘Budget of Sustainability’ which is made of a recurrent expenditure of N1.239 trillion (41%) and capital expenditure of N1.766 trillion (59%), is also to be sourced from a total revenue of N1,970,897,000,000 and total Federal transfers N626,137,000,000. Reacting, Speaker Obasa noted that the budget was presented at a time complaints by Nigerians about the economy. He, however, appealed to Nigerians to be hopeful as President Bola Tinubu’s administration works to ensure the nation’s economic recovery. He added: “I have made it a personal task to mobilise people on the platform of Mandate, which has been misconstrued by some political detractors as being a selfish aspiration on the ground for me to become governor of the state. There is the need, however, to correct this wrong impression. My concern is about building our party, and whatever we do is mainly for this cause.”To the blackmailers who have embarked on the mission to distort and redefine our mission, let me state it unequivocally here, our intention is to promote our party on the platform of Mandate.”Also, becoming governor is secondary; it is something that I have not given serious consideration. Nevertheless, that does not mean I am too young or lack experience to run; whereas, those who have been before me are not better of.”Read the Speaker’s full remarks below:Distinguished guests, it is my great pleasure to welcome you all to yet another budget presentation by Governor Babajide Olusola Sanwo-Olu. Today marks another significant milestone for our dear State in the pursuit and realisation of remarkable economic transformation, infrastructural renewal and development towards a greater Lagos. The Y2025 budget proposal themed “Budget of Sustainability”, which is above the N 2.3 trillion presented by Mr Governor last year, is a confirmation of our commitment to sustainable development and economic growth.2. Ladies and gentlemen,This presentation is coming at a time when we all face the reality of daunting economic challenges. We recognise the current economic upheaval, but we are confident that our strategic plans will stimulate growth, attract investments, and improve the standard of living for all Lagosians. Also, the renewed hope of President Bola Ahmed Tinubu, GCFR, is focused on the futuristic plan for the nation’s economic recovery, which is indeed certain and realisable. As such, I appeal to our people to keep the hope alive. There is, no doubt, a light at the end of the tunnel for us as a nation!3. Esteemed guests, It is on the record that this honourable House has always been in support of the present administration, particularly the Governor in everything. There has never been a request from Mr Governor that this House has ever denied.4. That being said, it is necessary to harp on the fact that under democracy, this arm of government remains independent. This House, of course, recognizes this and will always be so, even though we work hand-in-hand with other arms of government. It is also important to state here that this House is a sanctuary and temple, just like every other temple anywhere where we all worship. No one will violate any temple and expect the gods to accept his or her sacrifice. And if such happens, there must be an appease to the gods to accept such atonement. No amount of intimidation or coercing will disintegrate or change the belief of all the members of this institution!5. Today, we want to assure Mr Governor that this honourable House will look at the budget and do the necessary scrutiny as usual. But it should be noted that this institution remains resolute. We will never be disgraced, abused or ridiculed in the name of creating a seamless working ambiance.6. Let me also emphasise that those who live in glass houses must not throw stones as the saying goes. This also brings to my mind, according to our people: eni ba yara logun ngbe. Meaning, the god of iron recognises the swift ones. In other words, those who are facilitating or planning to interfere in this House or destroy the cohesion of this institution should also be prepared for the same fate.7. Ladies and gentlemen,May I use this medium to sensitise us more on the need to build and sustain our party, the All Progressives Congress (APC) regarding our focus for 2027. We need to continue to mobilise people just as I do frequently. I have made it a personal task to mobilise people on the platform of Mandate, which has been misconstrued by some political detractors as being a selfish aspiration on the ground for me to become governor of the state. There is the need, however, to correct this wrong impression. My concern is about building our party, and whatever we do is mainly for this cause.8. To the blackmailers who have embarked on the mission to distort and redefine our mission, let me state it unequivocally here, our intention is to promote our party on the platform of Mandate. Also, becoming governor is secondary; it is something that I have not given serious consideration. Nevertheless, that does not mean I am too young or lack experience to run; whereas, those who have been before me are not better of.9. In addition, it is also important to correct the impression from some naysayers who have been insinuating that I made payment to seek for blood relation in Ojo to validate my candidacy to run as governor. Of course, I have never denied the fact that I am OBASA. But rather, I have never claimed to be related to Onikoyi, Oniru, or any of the other popular Lagos families as the case may be. I can indeed never run from the fact that I am related to my Obasa family in Ojo. But I do not need local validity to contest or run. If eventually I am contesting, I will do so from Agege!10. Nonetheless, we want to thank Mr Governor for doing the needful, constitutionally, by presenting the budget. You can rest assured that this House will also respect its constitutional right to address the budget and get back to you.11. Distinguished guests,As we hope that the Y2025 Budget will be of great benefit to the people of Lagos State, we, however, appeal to Mr Governor and Lagosians to give us sufficient time to enable the House do a thorough job on a financial document that has great influence on the lives of the people. The Assembly would not delay the passage of the budget, but we will be interested in placing a high premium on the need to ensure that the interests of Lagosians are protected socio-economically and politically. We are your representatives here at the House of Assembly, and we are duty bound to do justice to every sector of the state’s economy.12. At the same time, I want to thank my colleagues for standing on the side of the people at all times. I appreciate your efforts, I cherish your support, which has always been an inspiration and source of strength for me. I commend your courage and perseverance. We will remain united, focused and determined until our expectations are realised.13. My sincere commendation also goes to the Clerk of the House and the entire staff and management for performing their responsibilities with a sense of patriotism and loyalty. I thank everybody here in this hallowed chamber and all Lagosians for your support and resilience and we appreciate the fact that you are not giving up on us. We will not let you down. We will take you to the promised land: it is a mandate we cannot but fulfil.Once again, I thank you all for coming and wish us a fruitful Y2025.

Thanks for your listening pleasure.

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Rescue Mission: Governor Dauda Lawal Approves N7.2 billion for Community Projects Across Zamfara

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Zamfara State Government under the leadership of Governor Dauda Lawal has earmarked N7.2 billion for development projects across 375 communities in the state, under the Nigeria Community Action for Resilience and Economic Stimulus (NG-CARES), a World Bank-funded initiative. Deputy Governor Mani Mummuni disclosed this in Gusau on Tuesday while flagging off a free project implementation training programme for participants drawn from 158 communities across the state.

He explained that Governor Dauda Lawal had approved the N7.2 billion for various community development projects through the State Community and Social Development Agency (CSDA), adding that the funds would finance projects spanning health, education, water supply, agriculture and drainage, among others, across the state’s 14 Local Government Areas. The deputy governor noted that the projects would be implemented by Community Project Monitoring Committees (CPMCs) under the supervision of the CSDA, and reiterated the state government’s commitment to providing social amenities to vulnerable communities.

Mummuni urged participants to ensure transparency and accountability in managing resources for project execution in their communities, describing the initiative as part of Governor Lawal’s administration’s effort to extend the dividends of democracy to the people, especially at the grassroots level. He expressed confidence that the training under CSDA would encourage community participation in project implementation, while also promoting transparency, accountability, and commitment to the development of their communities.

In his remarks, the General Manager of CSDA, Umar Nakwada, revealed that the participants were drawn from CPMCs responsible for monitoring projects in their communities, and that the training was designed to sensitise them on effective project implementation. He stated that the training covered Batch A projects worth N3.2 billion, spanning 158 communities, and assured that the agency would ensure effective monitoring of all projects to be implemented by CPMC members in benefiting communities. Nakwada also commended Governor Lawal for his unwavering support in improving the livelihoods of grassroots communities.

Also speaking, the State NG-CARES Coordinator, Mukhtar Ibrahim, praised the Zamfara Government for its commitment to supporting the livelihoods of vulnerable households. He explained that NG-CARES aims to expand access to livelihood support, food security services, and grants for poor and vulnerable households and firms, focusing on three result areas: livelihood and social support, food security and agricultural value chain, as well as micro and small enterprises recovery. small enterprises recovery,” Ibrahim said.

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ICPC, PenCom recover N3bn unremitted pension deductions from defaulting firms

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The Independent Corrupt Practices and Other Related Offences Commission and the National Pension Commission have recovered over N3bn in unremitted pension contributions from defaulting employers as both agencies intensified efforts to enforce compliance with the Pension Reform Act 2014.The recovery was disclosed in a statement issued by the National Pension Commission on Wednesday, which said the funds had been fully remitted into the Retirement Savings Accounts of affected employees.According to the commission, the recovery was achieved through a joint ICPC-PenCom enforcement initiative designed to address pension contribution defaults and protect workers’ retirement savings.It stated, “The Independent Corrupt Practices and Other Related Offences Commission and the National Pension Commission have recovered over N3bn in unremitted pension contributions from employers.”

PenCom explained that the recovered funds were obtained from defaulting employers in the electricity sector and credited to the respective Retirement Savings Accounts of affected workers in line with the Pension Reform Act 2014.“The recovered funds, obtained from defaulting employers in the electricity sector, have been fully remitted into the respective Retirement Savings Accounts of affected employees in accordance with the provisions of the Pension Reform Act 2014,” the statement read.The commission said the development demonstrated the effectiveness of its partnership with the ICPC in ensuring compliance with pension laws and compelling employers to fulfil their statutory obligations.

It said, “The recovery demonstrates the effectiveness of the partnership between PenCom and ICPC in enforcing compliance with the PRA 2014 and ensuring that employers fulfil their statutory pension obligations.”PenCom recalled that it signed a Memorandum of Understanding with the ICPC in October 2025 to strengthen collaboration in the recovery of unremitted pension contributions, the investigation of pension-related infractions, and the enforcement of compliance with the Pension Reform Act 2014.

The commission added that the ICPC was currently investigating several private-sector employers referred by PenCom for alleged non-compliance with the Act, expressing optimism that further recoveries would be made as the investigations progressed.“The ICPC is currently investigating several private-sector employers referred by PenCom for non-compliance with the PRA 2014. With the ongoing collaboration, additional recoveries would be achieved as the investigations progress,” it stated.PenCom reiterated that the Pension Reform Act requires employers to deduct and remit pension contributions into employees’ Retirement Savings Accounts within seven working days after salaries are paid.It warned that employers who fail to comply risk sanctions.“Failure to comply with this requirement constitutes a violation of the law and attracts sanctions, including the recovery of outstanding contributions, penalties and, where necessary, prosecution,” the statement said.

The commission urged employers, particularly those in the private sector, to regularise outstanding pension remittances and comply fully with the provisions of the Act to avoid regulatory and enforcement action.It reaffirmed its commitment to protecting workers’ retirement savings, promoting compliance with the Contributory Pension Scheme, and ensuring that pension contributions deducted from employees are promptly remitted into their Retirement Savings Accounts.The PUNCH recently reported that the National Pension Commission intensified its enforcement drive to ensure nationwide compliance with the Contributory Pension Scheme by launching a specialised, high-level monitoring platform targeting non-compliant subnational governments.The initiative is part of an ongoing strategy to deepen pension reform at the subnational level and secure a sustainable retirement future for public servants across the states of the federation.

PUNCH

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DSS Arrests Former Minister Geoffrey Nnaji; Hands Over to ICPC

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Operatives of the Department of State Services (DSS), on Wednesday morning, arrested former Minister of Science and Technology, Uche Nnaji, at the Akanu Ibiam International Airport, Enugu.Security sources said Nnaji, who resigned last October under controversial circumstances, was arrested by DSS officers on request by the Independent Corrupt Practices and Other Related Offences Commission (ICPC) and handed him to the Anti-Graft Agency.The sources further notes that the ICPC had extended several invitations to the former minister following petitions on how he managed his Ministry, and therefore contacted the DSS to assist in arresting him.

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